This compound is primarily utilized in the synthesis of advanced pharmaceutical intermediates due to its unique adamantane structure, which enhances biological activity and stability. It serves as a key building block in the development of antiviral and anti-inflammatory drugs, particularly those targeting neurological and respiratory conditions. Additionally, its structural rigidity makes it valuable in material science for creating high-performance polymers and coatings with improved thermal and chemical resistance. In research, it is often employed as a model compound to study the properties of adamantane derivatives for potential applications in drug delivery systems and nanotechnology.